UK should ‘future proof’ economy via cutting-edge green tech, says Kemi Badenoch November 1, 2022 International Trade Secretary Kemi Badenoch thinks the UK must “future-proof” its economy by investing in cutting-edge green technologies In a speech to the green trade and investment expo in Gateshead, Tyne and Wear, later today, Badenoch will say new technologies to combat climate change are creating high-paying skilled jobs while providing a route to future [...]
Ministers unveil new digital strategy to boost UK tech sector June 13, 2022 Ministers have today unveiled plans to boost the UK’s tech sector and spur investment into the digital economy in a bid to cement the country “as a global tech superpower”.
Progress on Arm London listing ‘hugely significant’, says tech chief June 14, 2022 Tech chiefs have hailed the possibility of a London listing for British chipmaker Arm as “hugely significant”, after the digital minister said progress had been made in discussions with the firm’s owner SoftBank this week.
Chinese tech giants including TikTok owner reveal algorithms amid scrutiny August 16, 2022 A string of Chinese tech giants have been pushed to share details of their algorithms with Beijing’s cyberspace watchdog amid increasingly scrutiny in China. Some 30 companies, including Alibaba, Tencent and TikTok-owner ByteDance, today had descriptions of their algorithms published by the Cyberspace Administration of China. The Chinese regulator is expected to regularly update the [...]
Tech Weekly: Crypto tentatively recovers, and Klarna slashes valuation May 20, 2022 This week Nasson talks to City A.M. reporter Charlie Conchie. Charlie goes through crypto’s tentative steps to recovery, unpicks London-based Thought Machine and Modulr’s latest funding rounds, and explains Klarna’s lowered $30bn valuation and discusses whether this is a cause for concern for private markets.
The bubble has burst for tech firms built on hype but solid businesses will keep growing August 16, 2022 As tech companies struggle to keep up with puffed up valuations, the sturdy - albeit less glamorous - firms will see long term growth.
Snap trials NFT filters as tech firm fights for Gen Z attention July 13, 2022 Snap may be on the verge of non-fungible token filters as the tech company continues to battle its rivals.
UK tech firm numbers double in two years – with London start-up growth lower than nearly all other regions February 22, 2023 The number of newly-created UK tech firms is up by a fifth, with London marginally below the national average. There were 46,474 new tech companies created in Britain in 2022, up from 38,240 in 2021. Based on data from Companies House, the uptick in registrations of new firms is almost double that of 2020, when [...]
We must bring tech into every aspect of how we govern the country July 19, 2022 The digital revolution has changed the way we work, stay in touch with friends and organise our lives. I want to unleash this power at the heart of government to improve services, enhance competition and keep people safe. The digital economy has developed faster than government has been able to keep up, and in order [...]
Norway sovereign fund loses more than $150bn thanks to tech rout August 17, 2022 Reuters Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022 as stocks and bonds were hit by global recession fears and rampant price inflation. The $1.3 trillion fund’s return on investment was a negative 14.4% for the January-June period, which [...]